president obama and speaker john boehner both issued warnings today about the potential impact of $85 billion enforced across the board budget cuts. speaking in virginia president obama said the cuts would leave the defense department vulnerable. >> so these cuts are wrong. they're not smart. they're not fair. they're a self-inflicted wound that doesn't have to happen. >> we have moved the bill in the house twice. we should not have to move a third bill before the senate gets off their bleep and begins to do something. >> the strong words are apparently doing little to push either party toward a compromise. the president want it is budget cuts to come from combination of tax increases and spending cuts while republicans maintain the savings need to be made by spending cuts. >>> congress is split over a major airline merger. u.s. airways and american airlines need the government's permission to combine the companies. questioned today whether a merger would spike the price of your next airplane tick sxet if combining airlines would lead to job cuts in some airports. american aligns says